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Tuesday, June 2
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Coronavirus latest: RFU bosses to take pay cut of more than 25%

:Headline: Coronavirus latest: RFU bosses to take pay cut of more than 25%: ID:394267: from db_amp
The governing body is budgeting for losses of between £45million and £50million.

The RFU's executive team will take a pay cut of more than 25 per cent as part of efforts to mitigate the effects of heavy losses over the next 18 months.

The governing body was already expecting to make a loss in 2020 due to the costs of last summer's Rugby World Cup campaign and only hosting two Six Nations games but that has escalated significantly because of the coronavirus crisis.

Chief executive Bill Sweeney said in a statement on englandrugby.com: "Based on our planning assumption, we estimate RFU revenue losses over the next 18 months to be approximately £45-£50 million and have a firm plan in place to mitigate this.

"The RFU executive team will be taking a cut in remuneration in excess of 25 per cent. In addition, combined board fees will be reduced by 75 per cent."

Sweeney also announced a funding package worth £7million to provide support for community rugby clubs in England, including £5million in loans.

The RFU will provide an update in mid-April, meanwhile, on whether to end the season early.

Sweeney said: "No one can predict every possible outcome of the Covid-19 outbreak, particularly with regard to the duration of this crisis, and we are managing in the unknown.

"We have modelled three potential scenarios and are working on an assumption based on a medium-term impact with a view to a return to rugby in the autumn. We will continue to monitor against this assumption and review and revise planning where necessary."

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last updated article - 2020-03-25 20:47:46:
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Premier League Table
TeamPWDLFAGDPTS
1Liverpool29271166214582
2Manchester CityMan City28183768313757
3Leicester CityLeicester29165858283053
4Chelsea29146951391248
5Manchester UnitedMan Utd29129844301445
6Wolverhampton WanderersWolves29101364134743
7Sheffield UnitedSheff Utd28111073025543
8Tottenham HotspurSpurs29118104740741
9Arsenal2891364036440
10Burnley29116123440-639
11Crystal Palace29109102632-639
12Everton29107123746-937
13Newcastle UnitedNewcastle2998122541-1635
14Southampton29104153552-1734
15Brighton & Hove AlbionBrighton29611123240-829
16West Ham UnitedWest Ham2976163550-1527
17Watford2969142744-1727
18Bournemouth2976162947-1827
19Aston Villa2874173456-2225
20Norwich CityNorwich2956182552-2721
Scroll for more - Tap for full version
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